Henan Province to eliminate small BFs by 2012

Tuesday, 02 March 2010 17:20:19 (GMT+3)   |  
At the beginning of 2009, Chinese government issued a series of industrial revitalization schemes in regard to the steel, automotive, shipbuilding, petroleum and chemical, light industry, textile, nonferrous metal, equipment manufacturing, electronic information and logistic industries. During the last half of 2009, China's central government again promulgated regulations restraining excessive capacity and redundant construction in some industries.
 
It is reported that the issue of excessive steel production capacity is especially severe in the Chinese province of Henan. Thus, the provincial government has decided to make the following efforts to coincide with national industrial structure adjustments: to eliminate blast furnaces of 400 cubic meters and below as well as electric furnaces and converter furnaces up to 30 mt by 2011, and to eliminate blast furnace up to 1,000 cubic meters. Accordingly, around 60 percent of dated steel production in the province will be eliminated by 2012.

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